David Ticoll Suggests That

question 63

Multiple Choice

David Ticoll suggests that

• A)the technology trends of today will make performance -enhancing innovations available in almost every industry.
• B)we will continue to have problems in finding the hidden meaning from data.
• C)the cost of storage will almost be free in the next decade.
• D)we will continue to see a divide between the real and the virtual world.
• E)we have already seen the pinnacle of network development.

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Definitions:

Contribution Format

A type of income statement format that separates variable costs from fixed costs to highlight the contribution margin.

Break-even Point

The financial point at which total revenue exactly matches total costs; neither profit nor loss is realized.

Dollar Sales

The total revenue generated from the sale of goods or services, expressed in monetary units.

Contribution Margin Ratio

A financial indicator demonstrating the proportion of sales income that is not absorbed by variable expenses, hence aiding in the coverage of fixed costs.